​While you were busy with all the holidays, another important reason for drinking heavily probably escaped your attention. This month marks 10 years of deregulation in Texas’s retail electric market. Hey, put down that chair. No need for violence. This is the free market we’re huzzahing here, Bub.

Actually, it was 1999 when the Texas Legislature passed the law deregulating retail electricity in much of the state. It was a couple more years before consumers could actually shop around from various power providers, creating a system intended to harness free-market competition to bring down rates.

Keep reading at the Dallas Observer.